>The big battle for global financial supremacy could be between the digital yuan and Facebook’s libra dollar >China will pull out all the stops to convince international trading partners to switch from the dollar to their new currency. If they manage to lure enough users, the U.S. dollar could be in deep trouble. >Donald Trump’s first term as U.S. president may have been marked by his trade war with China; but if he wins a second he could go down in history as the president that that saw the U.S. dollar fall from grace.
The death of the dollar is here, and it's murderer is Digital Yuan. Trump will forever be remembered for the president that allowed the US to be dethroned by China.
I have no idea why Trump really thought he could stop China's rise just by implementing some stupid tariffs. Digital Yuan is the future. It's over.
Parker Perry
>Trump will forever be remembered for the president that allowed the US to be dethroned by China. war were declared long before that happens.
Joshua Allen
We already have digital currency though and it is still garbage. Kek for a big nothing burger.
Lucas Price
so America creates a rival digital dollar, and we can actually FORCE people to use it. Who uses chink coin North Korea, Pakistan, and Cuba?
Thomas Hughes
>No one outside of China will accept this This. And if any country ever does decide to defect and back China's fake money, America will force all other countries to stop doing business with the defector country
Jayden Scott
>looks at flag >oh its a flaggot so you think the rest of the world, en masse, is going to suddenly trust the chinks and their digital chinkbux holistically? I doubt it. There's 13 trillion dollars of dollar-denominated debt in the world right now. Its not gonna happen easily. china is a corrupt shithole
Camden Rodriguez
let's roll out one world government
Jackson Jones
imagine thinking the USA wasn't twenty years ahead with a backup plan.
this, and they're already talking about it with the IMF. Nobody is gonna cede currency control to faggot china
Nolan Hall
Truth
Justin Jackson
Why are you delusional?
Grayson Young
It's the media. Mutt thinks they are seen in a positive light by other country.
Top kek.
Blake Brooks
>The big battle for global financial supremacy could be between the digital yuan and Facebook’s libra dollar Last time I checked the US still dominated the world militarily, and China's newest aircraft carrier was on fire last month and Russia just said fuck it with force projection. Go ahead and buy up all your double-kike currency. I look forward to your posts in a year bitching about being broke.
As long as china supports decentralised cryptocurrencies the there in no issue.
Austin Walker
Trump killed the dollar, fucking RIP
Alexander White
I spend a lot of time in this space they have loads of developers working on blockchain. As long as China supports a free market on the technology and doesn't force developers to use centralised crypto technologies I see them as a global leader of the future.
Liam Sullivan
going to be based on crypto of course. Look at the informal definition of crypto...it's "a person having a secret allegiance to a political creed, especially communism."
The chink economy is not transparent and is export dependent. Additionally, cooking the books and lying is a national pastime in China. The Yuan is a terrible choice for being the world reserve currency. They can’t shoulder the burden.
Brandon Jenkins
Military might is inferior to soft power. And China has all the soft power right now because Trump threw his country's soft power down the drain. Chinese influence is growing larger and the virus is only helping to accelerate that.
Kevin Scott
Yeah, not gonna have my money tracked by China. Nobody else wants that either.
Logan Brooks
Let's be honest. An auditable currency anywhere is more bad for the elites than the plebs.
Josiah Thomas
LMAO
Bentley Sanders
Why would anyone want to accept the Yuan. We are heading towards a multipolar era.
Dylan Hughes
That stopped being the case when they shipped out defective test kits and masks. Talk about a self-sabotage
Jason Baker
yeah okay good
Tyler Stewart
Lmao wait wait wait let me get this straight. Everyone is going to use some digital chink bux controlled by the CCP instead of using dollars in the country where everyone says we worship rich billionaires??? Hmmm yes let me invest in the currency controlled by chink authoritarian commies instead of the one where everyone says rich people run the country, yeah sure bucko.
Anyone got that webm of China's new surveillance system having people's faces and names?
Lucas Taylor
China exports are greater than the US. That’s a defecto demand for Yuan you idiot.
Once oil is traded in yuan the dollar is dead.
Gabriel Turner
Sounds good. Cant wait to convert my life savings into commie chink software.
Blake Moore
>Memeflag >Schizo tier picture with no source or context.
Fuck off Jew.
Anthony Garcia
They won't need the digital Yuan to wreck the dollar. Samsonvirus popped the bubble and wrecked the overpriced service-based economy. People will have to learn useful skills in the US now, and that will take time. Starvation inbound.
Jeremiah Diaz
It really is. No joke. U.S. Hegemony is family hard right now.
Grayson Clark
This pandemic won't matter anymore in about a year though. And considering it used to be a balance of power between American and Chinese soft power, but now it's just China, still gives them an advantage.
Aaron Smith
>inb4 China bans paper money and burns all theirs and then loses all their crypto causing another chink genocide
Isaac Ortiz
Didn't something really similar happen on Mr Robot?
Lincoln Walker
Companies and corps will. Oh wait a second, the world is ruled by companies and corps. Yes everyone will be accepting this.